NASDAQ:MRVL - Marvell Technology Group Stock Price, News, & Analysis

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$15.65 +0.30 (+1.95 %)
(As of 12/14/2018 02:36 AM ET)
Previous Close$15.35
Today's Range$15.38 - $16.00
52-Week Range$14.69 - $25.18
Volume20.93 million shs
Average Volume9.77 million shs
Market Capitalization$10.06 billion
P/E Ratio15.05
Dividend Yield1.57%
Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a range of storage products, including hard disk drive (HDD) and solid-state drive controllers, as well as HDD components, such as HDD preamps components; and develops software-enabled silicon solutions comprising serial advanced technology attachment port multipliers, bridges, serial attached SCSI, and non-volatile memory express redundant array of independent disks controllers and converged storage processors for enterprises, data centers, and cloud computing businesses. The company also provides networking products, which includes Ethernet solutions consisting of Ethernet switches, Ethernet physical-layer transceivers, and single-chip network interface devices; and embedded communication processors. In addition, it offers a portfolio of connectivity solutions, including Wi-Fi and Wi-Fi/Bluetooth integrated system-on-a-chip products, which are integrated into various end devices, including enterprise access points, home gateways, multimedia devices, gaming products, printers, automotive infotainment and telematics units, and smart industrial devices. Further, the company provides printer-specific standard products, as well as full-custom and application-specific integrated circuits; and application processors. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell Technology Group Ltd. was founded in 1995 and is headquartered in Hamilton, Bermuda.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Semiconductors & related devices
SectorComputer and Technology
Current SymbolNASDAQ:MRVL
Previous Symbol


Debt-to-Equity Ratio0.24
Current Ratio2.32
Quick Ratio1.76


Trailing P/E Ratio15.05
Forward P/E Ratio16.83
P/E Growth1.76

Sales & Book Value

Annual Sales$2.41 billion
Price / Sales4.27
Cash Flow$1.2828 per share
Price / Cash Flow12.20
Book Value$11.52 per share
Price / Book1.36


EPS (Most Recent Fiscal Year)$1.04
Net Income$520.83 million
Net Margins4.76%
Return on Equity9.45%
Return on Assets7.41%


Outstanding Shares657,400,000
Market Cap$10.06 billion

Marvell Technology Group (NASDAQ:MRVL) Frequently Asked Questions

What is Marvell Technology Group's stock symbol?

Marvell Technology Group trades on the NASDAQ under the ticker symbol "MRVL."

How often does Marvell Technology Group pay dividends? What is the dividend yield for Marvell Technology Group?

Marvell Technology Group declared a quarterly dividend on Thursday, December 6th. Stockholders of record on Wednesday, December 26th will be given a dividend of $0.06 per share on Tuesday, January 15th. This represents a $0.24 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Monday, December 24th. View Marvell Technology Group's Dividend History.

How will Marvell Technology Group's stock buyback program work?

Marvell Technology Group announced that its board has initiated a share repurchase plan on Tuesday, October 16th 2018, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

How were Marvell Technology Group's earnings last quarter?

Marvell Technology Group Ltd. (NASDAQ:MRVL) released its quarterly earnings results on Tuesday, December, 4th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.01. The semiconductor company earned $851.05 million during the quarter, compared to analysts' expectations of $844.07 million. Marvell Technology Group had a net margin of 4.76% and a return on equity of 9.45%. The company's revenue was up 38.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.34 EPS. View Marvell Technology Group's Earnings History.

When is Marvell Technology Group's next earnings date?

Marvell Technology Group is scheduled to release their next quarterly earnings announcement on Thursday, March 14th 2019. View Earnings Estimates for Marvell Technology Group.

What guidance has Marvell Technology Group issued on next quarter's earnings?

Marvell Technology Group issued an update on its fourth quarter earnings guidance on Tuesday, December, 4th. The company provided earnings per share guidance of $0.30-0.34 for the period, compared to the Thomson Reuters consensus estimate of $0.33. The company issued revenue guidance of $790-830 million, compared to the consensus revenue estimate of $849.02 million.Marvell Technology Group also updated its Q4 2019 guidance to $0.30-0.34 EPS.

What price target have analysts set for MRVL?

19 equities research analysts have issued twelve-month price targets for Marvell Technology Group's stock. Their predictions range from $21.00 to $30.00. On average, they anticipate Marvell Technology Group's share price to reach $25.1090 in the next year. This suggests a possible upside of 60.4% from the stock's current price. View Analyst Price Targets for Marvell Technology Group.

What is the consensus analysts' recommendation for Marvell Technology Group?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marvell Technology Group in the last year. There are currently 2 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marvell Technology Group.

What are Wall Street analysts saying about Marvell Technology Group stock?

Here are some recent quotes from research analysts about Marvell Technology Group stock:
  • 1. Needham & Company LLC analysts commented, "MRVL reported in-line results for the combined company’s first full quarter. Storage revenue was in line with expectations while Networking was better than expected, driven by MRVL’s switch/PHY products and OCTEON processors. However, F4Q19 guidance fell below expectations due to a weak outlook for Storage and WiFi, partially mitigated by LSD Q/Q growth in Networking. MRVL expects Storage to remain soft for several quarters as customers work through excess inventory. While we remain buyers of MRVL given its attractive valuation and growth opportunities in the Infrastructure markets, we are lowering our estimates and PT to $25, which is 15x our CY20 NG EPS estimate, to reflect the near term softness in the Storage business." (12/5/2018)
  • 2. According to Zacks Investment Research, "Marvell is benefiting from strong demand for data storage in the cloud. Its latest buyout of Cavium is expected to broaden its offerings beyond hard disk drives microprocessors and help it enter into high growth areas such as data centers and wireless communications. Management is optimistic about three new storage architecture solutions that the company released. Also, we believe that the strong demand for Marvell’s 4G LTE products could be a growth driver. Estimates have been stable lately ahead of the company’s Q3 earnings release. The company has mixed record of earnings surprises in recent quarters. Nonetheless, Marvell faces customer concentration risk. The loss of any customer may reduce orders, thereby impacting revenues and operating results. Shares underperformed the industry on a year-to-date basis." (11/14/2018)

Has Marvell Technology Group been receiving favorable news coverage?

Media headlines about MRVL stock have trended positive on Friday, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Marvell Technology Group earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the immediate future.

Are investors shorting Marvell Technology Group?

Marvell Technology Group saw a drop in short interest in the month of November. As of November 15th, there was short interest totalling 23,054,672 shares, a drop of 17.8% from the October 31st total of 28,058,933 shares. Based on an average trading volume of 9,690,288 shares, the short-interest ratio is currently 2.4 days. Currently, 3.7% of the shares of the stock are short sold. View Marvell Technology Group's Current Options Chain.

Who are some of Marvell Technology Group's key competitors?

Who are Marvell Technology Group's key executives?

Marvell Technology Group's management team includes the folowing people:
  • Mr. Matthew J. Murphy, Pres, CEO & Director (Age 45)
  • Ms. Jean Hu, Chief Financial Officer (Age 55)
  • Mr. Neil Y. Kim, Exec. VP & CTO (Age 59)
  • Mr. Mitchell Lee Gaynor, Exec. VP and Chief Admin. & Legal Officer (Age 58)
  • Mr. Thomas F. Lagatta, Exec. VP of Worldwide Sales & Marketing (Age 60)

Who are Marvell Technology Group's major shareholders?

Marvell Technology Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (8.29%), Vanguard Group Inc (8.10%), Starboard Value LP (5.21%), BlackRock Inc. (4.94%), Standard Life Aberdeen plc (2.03%) and Standard Life Aberdeen plc (2.03%). Company insiders that own Marvell Technology Group stock include Marvell Semiconductor, Inc Ca, Matthew J Murphy, Michael G Strachan and Sehat Sutardja. View Institutional Ownership Trends for Marvell Technology Group.

Which major investors are selling Marvell Technology Group stock?

MRVL stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Los Angeles Capital Management & Equity Research Inc., Soros Fund Management LLC, Victory Capital Management Inc., FMR LLC, Standard Life Aberdeen plc, Standard Life Aberdeen plc and Glenmede Trust Co. NA. Company insiders that have sold Marvell Technology Group company stock in the last year include Marvell Semiconductor, Inc Ca, Matthew J Murphy and Michael G Strachan. View Insider Buying and Selling for Marvell Technology Group.

Which major investors are buying Marvell Technology Group stock?

MRVL stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc, BlackRock Inc., Morgan Stanley, Credit Suisse AG, American Century Companies Inc., Wells Fargo & Company MN, Teachers Advisors LLC and Jennison Associates LLC. View Insider Buying and Selling for Marvell Technology Group.

How do I buy shares of Marvell Technology Group?

Shares of MRVL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Marvell Technology Group's stock price today?

One share of MRVL stock can currently be purchased for approximately $15.65.

How big of a company is Marvell Technology Group?

Marvell Technology Group has a market capitalization of $10.06 billion and generates $2.41 billion in revenue each year. The semiconductor company earns $520.83 million in net income (profit) each year or $1.04 on an earnings per share basis. Marvell Technology Group employs 3,749 workers across the globe.

What is Marvell Technology Group's official website?

The official website for Marvell Technology Group is

How can I contact Marvell Technology Group?

Marvell Technology Group's mailing address is 22 VICTORIA STREET, HAMILTON D0, HM 12. The semiconductor company can be reached via phone at 441-296-6395 or via email at [email protected]

MarketBeat Community Rating for Marvell Technology Group (NASDAQ MRVL)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  1,054 (Vote Outperform)
Underperform Votes:  1,038 (Vote Underperform)
Total Votes:  2,092
MarketBeat's community ratings are surveys of what our community members think about Marvell Technology Group and other stocks. Vote "Outperform" if you believe MRVL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRVL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2018 by Staff

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